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Days39Days on Market
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$350,000

$360,000

3051 Lily Ln, Heath, TX, 75126

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.74 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Range, Microwave, Convection Oven, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters
Lot Size7,200 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3828.0008.0007.00.97.00
Lot Number7
SubdivisionTravis Ranch Ph 3c1
Land UseResidential
Legal DescriptionTRAVIS RANCH PH 3C1, BLOCK H, LOT 7; & HOUSE & HOUSE
Census Tract050207
Assessed Land Value$100,000
Assessed Improvement Value$281,961
Assessment Year2025

About this property

Beautiful 4 bedroom, 3 full bathroom home for sale in Heath located in the highly desirable Lakeside at Heath community and zoned to acclaimed Rockwall Independent School District schools. This spacious open-concept floorplan offers modern living with a large family room, elegant fireplace, abundant natural light, and seamless flow for entertaining. The gourmet kitchen features granite countertops, gas cooktop, oversized island, ample cabinet storage, and open sightlines into the living and dining areas—perfect for entertaining and everyday living. The private primary suite and generously sized secondary bedrooms provide flexibility for families, guests, or home office space. Enjoy outdoor living in the beautifully landscaped backyard featuring a large covered patio ideal for relaxing, grilling, and year-round gatherings. Located near Lake Ray Hubbard with nearby walking trails, jogging sidewalks, parks, boating, dining, and outdoor recreation. Convenient access to major highways and multiple commuting routes into Dallas, Rockwall, Plano, and the greater DFW Metroplex. Just minutes from the prestigious Heath Golf & Yacht Club, shopping, restaurants, and entertainment. Rare opportunity to own a move-in ready home in one of Heath’s most sought-after neighborhoods offering luxury living, convenience, and top-rated schools.

Investor Tools

Property Icon
$381,961
Estimated Property Value
$248,000Estimated Mortgage Balance
$156,350Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

Interested in this property?

Geoffrey Lyons

The Agency Rockwall

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
$435/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,673
$381,961
2025
$100,000
$281,961
$381,961
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,673
$381,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$248,000
No
First
Sep 29, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,611
$156,350
40%
59%
$1,487/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Heath

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